Sheldon Lavin, CEO of OSI, Is Recognized for Success and Charitable Contributions

Sheldon Lavin, CEO of the OSI Group, didn’t start out in the food processing industry. He was an investor and an executive in the banking industry. In the 1970s, Sheldon Lavin helped arrange financing for Otto and Sons, the company that would later be renamed OSI Group. At the time, Otto and Sons was in a partnership with the McDonald’s restaurant chain, supplying frozen beef patties for the hamburger giant. OSI remains the single greatest protein supplier to McDonald’s restaurants throughout the world.

Lavin served as a consultant for OSI Group until the late 1970s, when McDonald’s asked him to come on board full time. As he took fuller control of the company in the 1980s, the business expanded into South America and Taiwan. Expansion into other Asian countries and South Africa followed. Today, Lavin focuses on the European and Brazilian markets.

The Vision World Academy, based in India, awarded Lavin its Global Visionary Award in 2016. Global Visionary Awards honor individuals who succeed through perseverance and hard work. The award recognized Lavin’s success in turning the OSI Group from a domestically-focused organization into a billion dollar global organization. OSI-Vista Processed Foods, a company that provides meat, fruit, and vegetable processing to Indian companies, became part of the OSI Group in 1995.In 2013, Lavin served as Chairman of the Current Capital Campaign for the Ronald McDonald House charities. His other charitable work includes serving as President and Director of the Sheba Foundation (a family charitable organization), sitting on the board at Rush University Medical Center, and contributing to the Boys and Girls Club of Chicago, the Inner City Foundation of Chicago, the Jewish United Fund, the National Multiple Sclerosis Society, and the United Negro College Fund.

Lavin has received several awards over the years for his contributions to non-profit organizations.Read More.

The Best Investment Strategy: If it Exists, Please Tell Me

Warren Buffett challenged hedge fund managers’ investment decisions, by offering $1 million dollars to a charity, claiming that he would achieve better investment returns by investing in an S&P 500 passive index based on market capitalization. This challenge sparked the “active versus passive” strategy debate.

Buffet trumpets the “let it be” approach in tauting the S&P 500 passive index funds. While Tim Armour, Capital Group’s Chairman, and CEO as of July 28, 2015, argues that a $10,000 investment in the first S&P 500, forty years ago, would create less wealth than investing in stellar active fund’s firms such as American Funds and The Growth Fund of America. On the other hand, Armour agrees with Buffett, boldly stating that there exist many mediocre and expensive hedge funds which harm investors and that low-cost, long-term investments are the key to investment returns.

In 1983, Armour graduated from Middlebury College and was awarded a B.A. in economics. Armour’s first job, right out of College, was with Capital Group. He was accepted into their Associates Program, and his entire career has been with Capital Group.

Armour has formed strong opinions concerning those who manage hedge funds and lives by his philosophy that investors should find active managers that earn their keep. His philosophy has been bolstered by reality, in stating the obvious, that a passive index can not follow business trends. His approach to the market sell-off in late 2015, was not to panic. He was right when he predicted that the sell-off was only a correction. Click here to know more about Tim Armour.

Armour believes that the economic changes with the Trump presidency is “real” and will produce a faster economic growth of global markets, with rising interest rates and higher inflation. According to Armour, the best investment strategy is to find a fund manager that invests his or her money.